Enabling this transformation, the company also announced the next-generation of its award-winning RSA' Archer'eGRC management platform to support cross functional collaboration across the IT, operations, legal and finance domains. This open platform unifies EMC’s eGRC portfolio allowing organizations to adapt their solution requirements, build additional applications and integrate with existing systems without touching a single line of code.
EMC defines eGRC as an organization’s ability to manage enterprise risk and compliance issues as closely related strategic initiatives that have a direct impact on business objectives – whether in a physical, virtual or cloud-based environment. Successful governance requires clear definitions of the business objectives and applicable regulations, policies, procedures and standards that best define the program. Managing risk requires identification, prioritization and remediation to protect the enterprise from excessive risk while removing barriers to growth. Demonstrating compliance requires the ability to prove adherence to laws, regulations, policies, contractual obligations and industry standards.
“The risks organizations must manage continue to become more complex and intertwined every day,” said Pat Gelsinger, president and chief operating officer, EMC Information Infrastructure Products. “Financial conditions are changing more rapidly. Business operations are more dispersed and evolving. Legal and compliance mandates are becoming more stringent globally. And the more pervasive use of technology in all business functions creates more complex interrelationships which make securing and managing digital information more critical and challenging than ever. Customers are looking for partners who can provide broad sets of solutions that help them manage these inter-related risks in more coordinated ways. EMC is uniquely positioned with the technologies and expertise to help customers create more strategic and effective processes and systems for managing business risk across physical, virtual and cloud environments.”
EMC’s Four Solution Areas for Building an eGRC Strategy
Leveraging a common management platform, the best-in-industry eGRC content library, EMC’s broad product and consulting services portfolio and third party product integrations, EMC’s eGRC strategy incorporates four primary solution areas. These solutions enable organizations to break down silos and deliver to senior executives a single view of their organization’s risk and compliance posture. They also provide a foundation for assuring compliance in increasingly-virtualized data centers, as well as extending that compliance posture to the cloud, as customers increasingly consume IT resources from cloud providers. EMC will continue to deliver new content, integrations and business solutions in four key areas.